With the advent of a new phase, a radical change in the software development markets is observed. This change is often debatable as the amount of work is often more than an in-house source can handle. At the same time, choosing other options such as Offshore or freelancer is also not a dependable solution. Where the in-house source is unable to complete the tasks in time, offshore attracts many entrepreneurs as it offers good quality; however, this opinion is subjective as some have had a bad experience too with the offshore sourcing. 

For example, there are many who look forward to a mobile app development, face trouble in selecting the best path in getting their work done in a most effective manner. In this rapidly growing industry, it is difficult to make a choice as they all have an equal number of pros and cons. This choice may be made easy when one is in a position to prioritize and manage the work.

Below we discuss the primary advantages and disadvantages of offshore, in-house, and freelancing software development

Offshore Software Development

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Pros of Offshore

• Resource Availability — Offshore software development will be useful when you have very minimum competitors of your technology. India has around 700k developers in one city and it is one of the best offshoring places. Nearly all skills and technologies are available here. Therefore, choosing India as an offshore source will be an added edge over others.
• Expenditure — Offshore software development greatly impacts cost and this results in outsourcing projects. In general, local developers cost around $100 to 150 and on the other hand developers in other country demands 1/3rd to 1/4th of the local developers.
• Rise and Demands as of Projects — Experienced Companies are in a position to anticipate the difficulties in bringing someone for a short time agreement and for a single project. By employing resources from an offshore software development company you can save time from hiring resources which can be optimally utilized for more than one project.

Cons of Offshore

• Team Cooperation — When requirements are not documented team cooperation will be a difficult task as in the case of offshore development they are supposed to work as per the work statement. The client and the developer communication becomes necessary.

Varying timing factors will be another factor in offshore development. The difference in time zones may lead to delays.

In House Software Development

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Pros of In-House

• Business Perspective — It comes with the benefits of business leaders. In-house developers are good in tracking the way in which the business is leading. They are knowledgeable in knowing the priorities. They can also implement their suggestions in other departments such as Sales and Marketing too.
• Domain Knowledge — The second advantage of in-house developers is the Domain Knowledge. They know about the company’s entire business circumference so they are capable of making a bug-free software once allowed liberty of time.
• In-House Aptitude — The fulltime in-house developers will spend more energy and time in developing an everlasting software and hence, career progression for them will allow them to grow.

Cons of In-House

• Time — When you prefer an In-house developer you need to spend more time in Interviewing and selecting the appropriate developer. It is time-consuming and complicated. Expenditure — In-house developers charge hourly. These rates are expensive when health insurance and other advantages are included. There may be days when they don’t have enough work, and this may result in an increased cost.

Freelancer

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Pros of Freelancer

• Perform More Work — They are not restricted to the place of work and time, they can work at their preferred timings and where ever they want. They have the ability to spend more time on projects. Working timings are flexible leading to adequate time in its completion effectively. Cost — Cost of hiring a freelancer is less as compared to an in-house and offshore development. Hiring a freelancer is one of the best choices in case you are low on budget. Freelancer's cost to the company is far less than an in-house. Expert in the field — One of the important aspects of hiring a freelancer is that they will be master in their field. They will be certified professionals and can give more outstanding results.

Cons of Freelancer

• Can Leave — As freelancers don’t have any restrictions, they can leave without completion of the work, particularly freelancers who work on the internet. Chances are more they will depart if their work quality gets down or if they fail to meet the deadlines.
• Initial Risk is high — You need to take some risk while hiring the freelancers. There may be a number of doubts will their work have good quality, will they meet deadlines.

Conclusion

Weighing the pros and cons as discussed above, an optimum hiring can be of an Offshore software development. Offshore development is cost effective, delivers good quality on time, more secure and safe, has guaranteed quality services, can gain new business partners and saves time. With these advantages of Offshore over other options, we must also be convinced that top business leaders like Google, Alibaba, WhatsApp, Github also made a choice of Offshore software development for their organization.